Southwest Airlines Co
LUV- Exchange
- NYSE
- Industry
- Air Transportation, Scheduled
- SEC CIK
- 0000092380
No open-market purchases or sales by Southwest Airlines Co insiders were filed in the last 90 days; 932 institutions reported holding it in 13F filings for Q2 2026, worth $23.4B in total; Elliott Investment Management is the only superinvestor holding it.
13F holders, Q4 2025
Institutional positions in Southwest Airlines Co as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 851
- +103 vs. Q3 2025
- Shares held
- 484.7M
- −27.9M (−5.4%) vs. Q3 2025
- Total value
- $20.0B
- +$3.68B (+22.5%) vs. Q3 2025
- New holders
- 175
- 226 more added
- Sold out
- 72
- 289 more reduced
17 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting LUV on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 932 | $23.4B |
| Q1 2026 | 872 | $16.4B |
| Q4 2025 | 851 | $20.0B |
| Q3 2025 | 765 | $16.4B |
| Q2 2025 | 794 | $16.3B |
| Q1 2025 | 815 | $17.8B |
| Q4 2024 | 835 | $18.5B |
| Q3 2024 | 799 | $16.1B |
| Q2 2024 | 765 | $15.4B |
| Q1 2024 | 789 | $14.0B |
| Q4 2023 | 792 | $13.8B |
| Q3 2023 | 769 | $12.9B |
| Q2 2023 | 858 | $16.9B |
| Q1 2023 | 856 | $14.7B |
| Q4 2022 | 923 | $15.1B |
| Q3 2022 | 885 | $13.8B |
| Q2 2022 | 949 | $16.4B |
| Q1 2022 | 1,013 | $20.8B |
| Q4 2021 | 997 | $19.5B |
| Q3 2021 | 1,031 | $23.6B |
| Q2 2021 | 1,033 | $24.3B |
| Q1 2021 | 1,073 | $28.3B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Southwest Airlines Co; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 60,577,139 | $2.50B | 0.04% | −463,696−0.8% | Reduced |
| Elliott Investment Management L.P.SuperinvestorElliott Investment Management | 51,128,500 | $2.11B | 14.48% | 00.0% | Unchanged |
| Primecap Management Co | 47,392,095 | $1.96B | 1.48% | −604,018−1.3% | Reduced |
| Franklin Resources Inc | 40,200,530 | $1.66B | 0.41% | +2,712,964+7.2% | Added |
| State Street Corp | 31,222,774 | $1.30B | 0.04% | −1,339,943−4.1% | Reduced |
| BlackRock, Inc. | 29,251,393 | $1.21B | 0.02% | +657,104+2.3% | Added |
| Price T Rowe Associates Inc | 17,165,941 | $709.5M | 0.08% | −1,410,222−7.6% | Reduced |
| Goldman Sachs Group Inc | 16,625,158 | $687.1M | 0.10% | +7,727,918+86.9% | Added |
| Geode Capital Management, LLC | 12,891,913 | $531.9M | 0.03% | −142,985−1.1% | Reduced |
| Ameriprise Financial Inc | 9,744,627 | $402.8M | 0.09% | −2,590,540−21.0% | Reduced |
| Arrowstreet Capital, Limited Partnership | 7,791,167 | $322.0M | 0.19% | −1,072,705−12.1% | Reduced |
| UBS Group AG | 7,465,069 | $308.5M | 0.06% | −20,816,964−73.6% | Reduced |
| Bank of America Corp | 6,935,899 | $286.7M | 0.02% | +596,914+9.4% | Added |
| Morgan Stanley | 6,228,475 | $257.4M | 0.02% | +244,891+4.1% | Added |
| JPMorgan Chase & Co | 6,031,298 | $249.3M | 0.02% | −6,186,788−50.6% | Reduced |
| Invesco Ltd. | 5,819,663 | $240.5M | 0.02% | −1,017,534−14.9% | Reduced |
| Dimensional Fund Advisors LP | 5,645,321 | $233.3M | 0.05% | −163,673−2.8% | Reduced |
| Par Capital Management Inc | 4,950,192 | $204.6M | 5.43% | 00.0% | Unchanged |
| Norges Bank | 4,162,540 | $172.0M | 0.02% | +4,162,540 | New |
| Nomura Holdings Inc | 3,930,511 | $162.4M | 0.46% | +68,475+1.8% | Added |
| Northern Trust Corp | 3,921,107 | $162.1M | 0.02% | −106,364−2.6% | Reduced |
| SG Americas Securities, LLC | 3,752,352 | $155.1M | 0.20% | +3,606,255+2,468.4% | Added |
| Bank of New York Mellon Corp | 3,747,665 | $154.9M | 0.03% | +1,086,101+40.8% | Added |
| FMR LLC | 3,736,557 | $154.4M | 0.01% | +73,490+2.0% | Added |
| Charles Schwab Investment Management Inc | 3,494,789 | $144.4M | 0.02% | +69,543+2.0% | Added |
| Massachusetts Financial Services Co | 3,470,852 | $143.5M | 0.05% | +3,470,852 | New |
| Capitolis Liquid Global Markets LLC | 3,443,500 | $142.3M | 0.85% | +1,169,150+51.4% | Added |
| American Century Companies Inc | 3,126,879 | $129.2M | 0.06% | −1,298,460−29.3% | Reduced |
| Susquehanna International Group, LLP | 3,071,589 | $126.9M | 0.17% | +2,788,434+984.8% | Added |
| Barclays PLC | 2,905,923 | $120.1M | 0.05% | +601,892+26.1% | Added |
| Nearwater Capital Markets, Ltd | 2,800,000 | $115.7M | 1.98% | +1,200,000+75.0% | Added |
| Jacobs Levy Equity Management, Inc | 2,668,996 | $110.3M | 0.43% | −956,758−26.4% | Reduced |
| Sound Shore Management Inc | 2,520,697 | $104.2M | 3.32% | −16,940−0.7% | Reduced |
| U S Global Investors Inc | 2,107,325 | $87.1M | 9.33% | −555,956−20.9% | Reduced |
| Royal Bank of Canada | 1,962,304 | $81.1M | 0.01% | −213,666−9.8% | Reduced |
| Citadel Advisors LLC | 1,825,843 | $75.5M | 0.05% | +650,717+55.4% | Added |
| Jane Street Group, LLC | 1,808,081 | $74.7M | 0.09% | +1,791,175+10,594.9% | Added |
| Raymond James Financial Inc | 1,555,050 | $64.3M | 0.02% | +145,975+10.4% | Added |
| Thrivent Financial for Lutherans | 1,524,323 | $63.0M | 0.11% | −737,661−32.6% | Reduced |
| Crake Asset Management LLP | 1,356,161 | $56.1M | 2.20% | −1,866,885−57.9% | Reduced |
| Mizuho Markets Americas LLC | 1,338,500 | $55.3M | 1.19% | +1,338,500 | New |
| Rhumbline Advisers | 1,306,872 | $54.0M | 0.04% | −56,203−4.1% | Reduced |
| Fort Washington Investment Advisors Inc | 1,256,165 | $51.9M | 0.28% | +12,894+1.0% | Added |
| Nuveen, LLC | 1,208,601 | $50.0M | 0.01% | −24,563−2.0% | Reduced |
| BNP Paribas Arbitrage, SA | 1,111,706 | $45.9M | 0.03% | +20,231+1.9% | Added |
| Amundi | 1,023,921 | $42.3M | 0.01% | −158,995−13.4% | Reduced |
| Federated Hermes, Inc. | 1,023,730 | $42.3M | 0.07% | +741,839+263.2% | Added |
| National Bank of Canada | 975,345 | $40.3M | 0.04% | −49,969−4.9% | Reduced |
| HSBC Holdings PLC | 939,398 | $38.9M | 0.02% | +180,719+23.8% | Added |
| Shelton Capital Management | 911,255 | $37.7M | 0.74% | +462,763+103.2% | Added |
| Citigroup Inc | 908,805 | $37.6M | 0.03% | −1,561,778−63.2% | Reduced |
| Deutsche Bank AG | 883,005 | $36.5M | 0.01% | −213,704−19.5% | Reduced |
| Macquarie Group Ltd | 878,630 | $36.3M | 0.16% | −543,660−38.2% | Reduced |
| Oldfield Partners LLP | 857,300 | $35.4M | 10.05% | −6,000−0.7% | Reduced |
| Legal & General Group Plc | 856,393 | $35.4M | 0.01% | −54,088−5.9% | Reduced |
| PEAK6 LLC | 805,525 | $33.3M | 0.91% | +487,207+153.1% | Added |
| California Public Employees Retirement System | 800,715 | $33.1M | 0.02% | −14,236−1.7% | Reduced |
| Balyasny Asset Management LLC | 788,682 | $32.6M | 0.06% | +788,682 | New |
| Nordea Investment Management AB | 769,203 | $32.0M | 0.03% | +769,203 | New |
| LPL Financial LLC | 754,307 | $31.2M | 0.01% | +19,579+2.7% | Added |
| Kiltearn Partners LLP | 713,283 | $29.5M | 6.39% | −142,100−16.6% | Reduced |
| Manufacturers Life Insurance Company, The | 682,846 | $28.2M | 0.02% | −45,133−6.2% | Reduced |
| Silver Point Capital L.P. | 650,000 | $26.9M | 1.21% | +300,000+85.7% | Added |
| Millennium Management LLC | 634,929 | $26.2M | 0.02% | −2,030,657−76.2% | Reduced |
| ING Groep NV | 592,935 | $24.5M | 0.15% | +483,525+441.9% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 575,639 | $23.8M | 0.02% | +31,128+5.7% | Added |
| Principal Financial Group Inc | 568,959 | $23.5M | 0.01% | +5,475+1.0% | Added |
| UBS Asset Management Americas Inc | 568,547 | $23.5M | 0.00% | +28,952+5.4% | Added |
| WS Management LLLP | 550,000 | $22.7M | 3.04% | +50,000+10.0% | Added |
| Envestnet Asset Management Inc | 537,175 | $22.2M | 0.01% | +14,287+2.7% | Added |
| First Trust Advisors LP | 504,547 | $20.9M | 0.02% | +107,347+27.0% | Added |
| Gradient Investments LLC | 503,336 | $20.8M | 0.33% | −74,752−12.9% | Reduced |
| M&G Plc | 505,212 | $20.7M | 0.11% | +49,328+10.8% | Added |
| Russell Investments Group, Ltd. | 483,913 | $20.0M | 0.02% | −372,097−43.5% | Reduced |
| Alliancebernstein L.P. | 479,151 | $19.8M | 0.01% | −51,693−9.7% | Reduced |
| Adage Capital Partners GP, L.L.C. | 466,877 | $19.3M | 0.03% | −11,200−2.3% | Reduced |
| Credit Agricole S A | 456,012 | $18.8M | 0.05% | +306,918+205.9% | Added |
| State Board of Administration of Florida Retirement System | 436,040 | $18.0M | 0.03% | −47,838−9.9% | Reduced |
| New York State Teachers Retirement System | 403,475 | $16.7M | 0.03% | −3,441−0.8% | Reduced |
| Bank of Montreal | 396,541 | $16.4M | 0.01% | +41,543+11.7% | Added |
| Creative Planning | 374,747 | $15.5M | 0.01% | −45,025−10.7% | Reduced |
| Jones Financial Companies LLLP | 367,295 | $15.2M | 0.01% | −64,754−15.0% | Reduced |
| Brandywine Global Investment Management, LLC | 364,408 | $15.1M | 0.10% | −6,950−1.9% | Reduced |
| Capital Fund Management S.A. | 342,324 | $14.1M | 0.13% | +32,599+10.5% | Added |
| Wells Fargo & Company | 334,439 | $13.8M | 0.00% | −29,819−8.2% | Reduced |
| Canada Pension Plan Investment Board | 326,004 | $13.5M | 0.01% | −36,700−10.1% | Reduced |
| Trexquant Investment LP | 323,837 | $13.4M | 0.12% | +323,837 | New |
| Calamos Advisors LLC | 318,032 | $13.1M | 0.05% | −12,915−3.9% | Reduced |
| Tudor Investment Corp Et Al | 303,995 | $12.6M | 0.07% | +231,797+321.1% | Added |
| SEI Investments Co | 288,593 | $11.9M | 0.01% | −148,881−34.0% | Reduced |
| AQR Capital Management LLC | 272,097 | $11.2M | 0.01% | +29,862+12.3% | Added |
| Simplex Trading, LLC | 268,783 | $11.1M | 0.31% | +268,783 | New |
| Chevy Chase Trust Holdings, Inc. | 265,665 | $11.0M | 0.03% | −6,064−2.2% | Reduced |
| Prudential Financial Inc | 261,367 | $10.8M | 0.01% | −28,802−9.9% | Reduced |
| Quadrature Capital Ltd | 252,452 | $10.4M | 0.11% | +237,268+1,562.6% | Added |
| Parallax Volatility Advisers, L.P. | 246,168 | $10.2M | 0.32% | +159,953+185.5% | Added |
| Marshall Wace, LLP | 241,392 | $9.98M | 0.01% | +241,392 | New |
| Oppenheimer Asset Management Inc. | 238,840 | $9.87M | 0.12% | −21,991−8.4% | Reduced |
| Campbell & CO Investment Adviser LLC | 238,805 | $9.87M | 0.47% | +238,805 | New |
| State of Tennessee, Treasury Department | 202,123 | $9.60M | 0.03% | −22,075−9.8% | Reduced |